Commodity News
SunSirs: Palm Oil Prices Rose on April 28
April 29 2022 09:49:26 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the spot market price of palm oil rose sharply on April 28, up 4.58% in a single day.
Analysis review
Oil and fat in the outer disk rose, domestic palm oil inventories were low, supported by bullishness, and the palm oil market rose sharply, with mainstream quotations exceeding 14,600 RMB/ton.
Market outlook
In the short term, the palm oil spot market will remain high.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2026-11-06 SunSirs: Record-High Malaysian Palm Oil Inventories Weigh on Prices
- 2026-11-05 SunSirs: Rising Palm Oil Production Weighs on Prices in China; Inventories Likely to Remain High
- 2026-11-04 SunSirs: China Domestic Edible Oil Sector Undergoes Correction; Palm Oil Futures Plummet
- 2026-11-04 SunSirs: Divergent Global Palm Oil Market: Contrasting Supply Situations in Malaysia and Indonesia
- 2026-10-30 SunSirs: China Palm Oil Market Experiences Volatile Decline in October
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